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20121207
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CNNW 13
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Search Results 0 to 49 of about 55 (some duplicates have been removed)
CBS
Dec 5, 2012 5:30pm PST
before that so- called fiscal cliff. that's the package of tax increases for most americans and budget cuts that will hit automatically unless the white house and congress find a gentler way to solve the crisis in the federal budget. here's how treasury secretary tim geithner put it on cnbc. >> is the administration prepared to go over the fiscal cliff? >> absolutely. again there is no prospect to an agreement that doesn't involve those rates going up on the top 2% of the wealthiest americans. remember, it's only 2%. >> pelley: by top 2%, he means individuals making more than $200,000 and couples taking in $250,000 or more. republicans say rates shouldn't be increased on anyone. with no agreement, going over the fiscal cliff would be painful. the automatic tax increases break down like this: households making $20,000 to $40,000 would see an increase in $1,200 a year. incomes of $40,000 to $64,000 would see taxes rise $2,000 and in the $64,000 to $108,000 bracket taxes go up $3,500 a year. mr. obama and the republican speaker of the house talked this over today and here's major garrett
FOX News
Nov 30, 2012 10:00am PST
would be so irresponsible as to threat on take the american people off this fiscal cliff. plunge us back into recession and put a lot of people out of work. so this is very disappointing. and i wish we weren't where we are, but it takes two parties to negotiate in good faith and frankly the president has been awol. megyn: do you believe the president want to go off the fiscal cliff? >> by judging from his behavior, i'm beginning to believe he does. and that i think would be a profoundy irresponsible act. economists of all stripes have told us we'll be plunged into a recession. we don't know in light of this fragile economy whether it would be a small dip or whether it would spiral out of control. so it's just something we should not be toying with. that's why it's so discouraging to see the president and secretary geithner increase their demand and not come closer together given the fact our side has put revenue on the table, something we don't want to do. we know we don't have just a taxing problem, we have a spending problem and we see no commensurate action from the president or his p
MSNBC
Dec 3, 2012 11:00am PST
the american people about the fiscal cliff. it's part of the white house push to build support. the president has answered a few questions so far. let's get backe to kristen welker. she's monitoring the exchanges. what have we learned, kristen? >> reporter: good afternoon. most exchanges have to do with questions concerning increasing taxes on wealthier americans as well as cuts to sbimgentitlemen. one exchange caught our attention. this is from mandy. as a recent college grad bout wout a full time job these cuts wouldn't help me, would they? the president responds kitts without revenue equal reductions in student loans, work study and college tax credits expire. bad for growth. the president says like your hair. she has purple hair, tamron. a lot of questions pouring in. as you know when you look at the polls about 60% of americans agree with president obama's plan to increase taxes on those making $250,000 or more. if you look at questions coming in, there's still concerns about those ideas, so the president answering those this afternoon. this is really like a twitter town hall. he used a
FOX Business
Nov 29, 2012 11:00am EST
the fiscal cliff. i referred to it as the fiscal speedbump. no matter what happens, we are not going to revert a tax increase in some kind of drag on economic activity next year. even if there is no grand bargain that we are all talking about, the shrinking of the federal deficit, whether by spending cuts or tax increases, it will be a drag on economic growth for the next few years. dagen: is that what you have 1.63 roughly on the ten year? >> the federal reserve is drunk. while back the fed is distorting the bond work it. dagen: does it make sense that the fed is likely to continue the bond buying into the next year? does that make any sense on the planet? >> well, look, i thought qe1 was absolutely essential. qe2 i understood why we did it. qe3, i do not get it. i think the fed is making a mistake here. they could have achieved the same or even a better objective by following a different policy. this is the path we are on. doctor bernanke is obviously completely preoccupied with the risks of having a depression and he is throwing as much monetary stimulus at this thing as he can. i
MSNBC
Nov 30, 2012 8:00am PST
the fiscal cliff, but if the average american family, according to the statistics, has to pay an extra $2,000 in taxes next year, they're not going to be buying any more lincoln logs or toys like this. we cannot endorse any one product, by the way. and therefore this business is going to suffer. if there's one thing that's clear, thomas, from the president's offer through secretary geithner up on the hill yesterday, is number one, they really feel like they have the upper political hand. and number two, they're going to play hardball, as you reported. we are still, believe it or not, on the eve of december in the preliminary sort of positioning stages of this negotiation, thomas. >> okay. that's hutfeld, pennsylvania? >> reporter: i believe it is hatfield. i'm getting confirmation here, yes. >> nbc's mike viqueira in hatfield, pa. >>> we are going to be carrying the president's remarks live today at 12:05 right here on msnbc, the place for politics. , something this delicious could only come from nature. new nectresse. the 100% natural no-calorie sweetener made from the goodness of fruit.
CSPAN
Dec 3, 2012 5:00pm EST
, probably not that many. let that pass. that addresses the fiscal cliff and says to the american people we can take action on things we agree on. it's good for everybody, the economy, fiscal cliff and it would set a tone here in washington that we can get something done when we work together cooperatively. so we've been explicit, specific. we look forward to specificity from republicans. >> there are now countdown clocks -- [inaudible] those of us who have been lucky enough to study the legislative body we have an idea of how things go. there's more and more lawmakers who look at it and say it's december 15th. if you have an agreement and have the time necessary for it to be read, digest it, debated before christmas. the president shares that timeline. it's not december 1st. it's something of a practical matter much earlier than that. is that is that in any way create a sense of urgency? >> the sooner the better that we receive specificity from republicans about what it is they would do on revenues, for example, what it is they want on spending cuts, for example. we will be able to move fo
CNBC
Nov 29, 2012 9:00am EST
the fiscal cliff will hurt our economy. it will cost american jobs. republicans have taken action to avert the fiscal cliff by passing legislation to stop all the tax hikes, to replace the sequester and pave the way for -- pave the way for tax reform and entitlement reform. and we're the only ones with a balanced plan to protect the economy and protect american jobs and protect the middle class from the fiscal cliff. but without spending cuts and entitlement reforms it's going to be impossible to address our country's debt crisis and to get our economy going again and to create jobs. so right now, all eyes are on the white house. the country doesn't need a victory lap. it needs leadership. it's time for the president, congressional democrats to tell the american people what spending cuts they're really willing to make. with that, i'll take a few questions sfwl speaker boehner, why will you not tell democrats what specific spending cuts you would like to see, especially within entitlements? >> it's been very clear over the last year and a half, i've talked to the president about many of the
FOX Business
Dec 3, 2012 1:00pm EST
cliff doesn't seem to stop americans from buying new cars. edmunds analyst jessica caldwell breaks down a surprising strong month for automakers but will it last? tracy: time to check stocks as we do every 15 minutes. we head down to the lauren simonetti on the floor of the new york stock exchange. they are slipping but just off the lows of the day. >> off the lows of the day. but the dow and s&p 500 giving up about a third of a percent each right now. the nasdaq is down three points. off the lows. the low for the dow this session is 12,969. we're a little above it but seems like the market wants to end the day in the red. we got conflicting data. construction spending was favorable in october. but manufacturing surprisingly contracted in november here in the u.s. so that is some we're getting. show you a big winner. that is dell, the third best performer out of the s&p 500 right now. goldman sachs upgrading the stock from a sell all the way to a buy and giving it a $13 price target from $9. dell is one of your big winners today. back to you. tracy: merry christmas, dell. lauren, see yo
FOX News
Dec 2, 2012 7:00am PST
's build a bridge over the fiscal cliff, temporary bridge that says, you know, we will extend the tax cuts. you know, we'll reduce the spending cuts, especially in defense. we've going to do it for three months, six months. then we can have some time to look at this responsibly. remember, congress and the president never do anything that close to a good job if they are on a deadline or rush timetable. you know, we got obamacare because of that. that is going to prove a mess. we have gotten all kind of tax deals where things never really materialize. you know, ronald reagan had such a deal at the last minute in 1982, and out of every 100 cents of spending restraint he only got 75 cents because the deal was written so badly went need to take the time on this and not view december 31 as arbitrary deadline. >> jamie: it would be great if we did things in steps. i thought about this with the initial stimulus. why not spend a little and see what happens this but the white house said according to the reports -- let me get it right -- $400 billion in long-term reductions to medicare and medicaid.
CNN
Nov 30, 2012 9:00am PST
to the american people to travel to be there in front of real folks to make his case for avoiding the fiscal cliff and also his treasury secretary as well going up on the hill talking to members of congress essentially putting forward his plan that would require tax hikes for the wealthiest americans. it is something that republicans are not pleased with. we expect republicans' response very soon. we're iffing to bring that to you live. if you would like to continue listening to the speech, go to cmn.com/live and continue to listen to the president. up next we are also focussing on another story. each year thousands of young british girls lured into a world of sex abuse. we're going to take a look at how predators, they're using gifts, alcohol, social media to gain the trust of their victims. [ woman ] ring. ring. progresso. i just finished a bowl of your new light chicken pot pie soup and it's so rich and creamy... is it really 100 calories? let me put you on webcan... ...lean roasted chicken... and a creamy broth mmm i can still see you. [ male announcer ] progresso. you gotta taste this soup. b
MSNBC
Dec 2, 2012 11:00am PST
are wasting precious time here to avert the fiscal cliff. was this the intended effect of the president's first offer? >> what we're trying to do is to make it more likely. we come together on a good agreement for the american people that extends tax cuts to the american people. brings our long-term deficits down. tough spending savings is part of that, and invest in things that matter to the american economy, like infrastructure, and getting americans back to work. we think we can do that. we have a good chance, and it's very important. and i think we'll get there, david. >> do you think we'll get a deal by the end of the year? >> i do. because the only thing standing in the way of that is a refusal by republicans to accept that rates have to go up on the wealthiest americans. and i don't really see them doing that. >> the idea that they have signalled something significant for them, which is -- >> what is that? >> putting revenue on the table. >> it's welcome that they are recognizing that revenues are going to have to go up. but they haven't told us anything about how far rates shoul
CSPAN
Dec 6, 2012 12:00pm EST
administration. this one step would blunt the impact of the fiscal cliff for the vast majority of americans and give them the certainty they so badly need. it would also be a serious down payment on meaningful deficit reduction and ensure that our budget more closely reflects our values. , our fundamental belief in the american dream that if you work hard, you can still get ahead. leading republicans in the house and the senate, including senator snowe and congressman cole, have urged the house to move forward and pass this bill to provide badly needed security and certainty to middle-class families before the end of this year. i join their call. but let's not stop there. let's keep going and find additional areas of compromise and constructive common ground. to provide the business community with the certainty they need to plan, the deployment of investment capital so they can get americans back to work, to provide the market with certainty to sustain this recovery while continuing to invest in our future, and for families who need to know their budget future and who need to be able to hav
MSNBC
Dec 3, 2012 9:00am PST
thank you my friend, as always. catch one of the key voices behind the fiscal cliff negotiations here on "now" tomorrow when americans for tax reform president grover norquist joins us tomorrow at noon eastern. and after the break, entitlement reform hot potato. that's next on "now." music is a universal language. but when i was in an accident... i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. information on my phone. connection to doctors who get where i'm from. and tools to estimate what my care may cost. so i never missed a beat. we're more than 78,000 people looking out for more than 70 million americans. that's health in numbers. unitedhealthcare. >>> the vast majority of democrats on capitol hill would prefer not to have to do anything on entitlements, would prefer frankly not to have to do anything on some of these debt and deficit problems. if you look at the numbers, then medicare in particular, will run out of money and we will not be able to sustain that program, no matter how much taxes go up. i mean it'
FOX Business
Nov 29, 2012 10:00pm EST
this fiscal cliff, people are not going to care whose fall it is, they are just going to know we're in a deeper abyss. lou: we have our eyes to follow, we see speaker boehner and mitch mcconnell in washington. the president is not there. that has to be a tough sell? isn't it? >> there is a long way to tiperary . when it comes to these negotiation, predent was willing last year to haveore cuts than tax increases, he is still there. this is going to be a long process, we will get there. if we don't, it is not the end of the world. world. lou: you are going down in history as fellow who called a multitrillion dollar reversal a bunny hill. >> it won't be. lou: i admire your certainty. >> there are two key points we've not discussed. i think that the president wants to go over the fiscal cliff, he wants all of the tax rates to go up, he needs that revenue,nd more important we know he is not going to get blamed. the madial protect him -- media will protect h. the other thing, this president, for a long time has tald about a balanced approach to deficit reduction, we assumed revenue on
CNBC
Nov 29, 2012 3:00pm EST
. >> how are the wealthiest americans preparing for a possible fall off that fiscal cliff? we'll look at that next. >>> also, chevron ceo is warning a fall off that cliff would have major ramifications for his business. we'll hear from him exclusive later on "the closing bell." stay tuned. [ male announcer ] how do you trade? with scottrader streaming quotes, any way you want. fully customize it for your trading process -- from thought to trade, on every screen. and all in real time. which makes it just like having your own trading floor, right at your fingertips. [ rodger ] at scottrade, seven dollar trades are just the start. try our easy-to-use scottrader streaming quotes. it's another reason more investors are saying... [ all ] i'm with scottrade. or that printing in color had to cost a fortune. nobody said an all-in-one had to be bulky. or that you had to print from your desk. at least, nobody said it to us. introducing the business smart inkjet all-in-one series from brother. easy to use. it's the ultimate combination of speed, small size, and low-cost printing. >>> well, there
FOX News
Nov 30, 2012 6:00pm PST
the fiscal cliff. our first guest is author of victory at yorktown live in virginia as part of his american legacy tour, former presidential candidate, newt gingrich. welcome back. >> good to be with us. interesting times. sean you have a smile on your face. >> sure. >> sean: a lot of our tpraepbs are not happy about in. >> un reasons i write historical fiction is to remind people that sometimes freedom is difficult, crossing the delaware christmas night in a snow storm was difficult. marching nine miles with a third of the army wearing burlap bags because they had no boots leading a trail of blood, difficult. where are we today? you have a president who believes that he can bully and out-maneuver and out-propagandize the republicans. he believes the republicans will cave. and he's treating them with a level of dis-- disdain and arrogance i think is breathtaking. republicans need to take a big step back. rethink the role of the legislative branch. understand they've gone down a trail that has no positive outcome. a legislative branch does five things: appropriates, legislates, oversight, it
FOX News
Nov 30, 2012 3:00am PST
to take americans over the fiscal cliff. >> this is a thelma and louise crowd and want higheraxes and bigger government regardless of the impact on jobs and economy and america's standing in the world. >> gretchen: who could the fiscal cliff jumpers be. matt is editor in chief of the washington weekend. he's my guest. good morning. >> good morning. >> gretchen: who wants to go off of the cliff and die. >> buckle your seat. important senator is patti murray in charge of the democrat campaign committee. she got put in the position thinking it was not a good year for democrats and she turned into one. that gave her clout in the democratic caucus. when she gave a speech saying we could make a more liberal deal if we go off the cliff democrats started listening. >> gretchen: senator harry reid want to go off the cliff. >> he's playing the double game. he want to look like a deal make yer support the president. but so many democrats have a strange idea of compromise. it is all right. give me everything and i will do nothing. what we are seeing from the democrats, republicans you cave on
CNBC
Nov 29, 2012 1:00pm EST
factory, your company to make his fiscal cliff case? >> tyler, think it is because we are the american story. we're proof that a person with a good idea can convince retailers around the world and kids around the world to play with that idea for the last 20 years we've made over 31 billion parts. made millions of kids happy. i think because of that and because of the fact that we're making it here, the president's been talking about made in the usa since at least the state of the union and as part of his advanced manufacturing initiative which we certainly support. for all those reasons and because we believe in the entrepreneurial spirit of america and that we're the most productive and entrepreneurial country on earth. >> now remind me briefly, michael, if you will, the sort of chronology. you were making these toys in china and then chose to bring them back here for manufacturing. why? >> actually did, yes. as many companies did over the last 30 years, shifted things over to china because they thought it was cheaper. but as we looked at ourselves, the depth of the great recession in
CSPAN
Dec 5, 2012 9:00am EST
for leadership on this issue. 21 days until christmas. 27 days until cliffmas. that's the fiscal cliff, december 31. people are counting down. two-thirds of americans are watching this debate on capitol hill because it affects every single family, every individual. and you think to yourself, could congress possibly step back and let taxes go up on working families? what are we thinking? we know what they're dealing with. many of working families across america struggle paycheck to paycheck. the pew institute did a study last year and asked working families how many could come up with $2,000 in 30 days for an emergency expenditure. it's easy to imagine one. a car repair, a quick trip to the hospital emergency room, $2,000. only half of working families could come up with $2,000 in 30 days. that shows how close to the edge many people live. so now we have before us the possibility that these very same families struggling with these issues are in fact, are in fact going to see their taxes go up december 31. there's one person who will decide that: speaker john boehner, the republican speaker of the
FOX News
Nov 29, 2012 10:00am PST
on these fiscal cliff negotiations is starting to get controversial. the president urging americans to go to twitter and tweet my2k. do you know what it means? if you are on twitter and you want to get a conversation going you can do hash tag which is the pound sign and then put something in. in this case they want you to put in my2k which is my $2,000 if we go over the cliff. republicans says this ignores larger issues including out-of-control spend and entitlements. conservative think tanks are using hash tag my2k possibly making the online debate more complex. we are learning what went on behind closed doors at a senate homeland security briefing on the deadly terror attack on our consulate in libya. our next guest was inside that room. ron johnson joins me now. senator, welcome to the program. what can you tell us about this morning and what we learned. did the ball get advanced into this investigation in benghazi? >> i came away from that hearing with the conclusion that this administration mislead the american public for a couple weeks after that attack and used ambassador rice as t
CSPAN
Dec 3, 2012 8:00pm EST
-called fiscal cliff. >> this weekend on c-span3's "american history tv," follow harry truman's eldest son, as they prepared to mark the dropping of the atomic bomb on 1945. >> i know everyone has their own view. i don't want to argue survival. i think we're past that. i want to do what i can to see that this doesn't happen again. >> clifton truman daniel will join us to discuss the inspiration for his trip sunday at 9:00 p.m. eastern on c-span3. >> a report by the group securing america's future energy says the greatest threat to national and economic security is dependence on foreign oil. members of the group, business political and retired military leaders are suggesting a plan of maximizing oil and gas production, reducing consumption, and improving conservation as a way to boost revenue and reduce our debt. this is a little less than an hour and a half. >> good morning, everyone. thank you all for coming. i especially want to thank the members of the leadership council that could be with us here today. they've been a distinguished group of people working on this issue since 2006. we'r
CNN
Nov 30, 2012 1:00pm PST
significant, the biggest stumbling block on the road to the fiscal cliff, that difference between tax rates for the wealthiest americans. and what house democrats announced they're going to try to do is an end run around the house gop to try to file a petition in order to try to push a vote on the house floor to just raise taxes -- excuse me, to just extend the bush-era tax rates for middle class americans. but to do that, as you know, they need 218 votes and there's still a very sizable republican majority in the house. it will be difficult for democrats to do that. >> absolutely. and that proposal to take away what has been historically a congressional prerogative was a little bit surprising even to people who have been reading about this stuff for years. is it true though, dana, as it has been in past years that both sides at least have to show their bases that they're fighting the good fight and that's part of what's going on here? >> reporter: absolutely. there's no question about it. what i mention in the piece really is a real phenomenon here when it comes to the feeling among congre
FOX News
Nov 29, 2012 8:00am PST
. whenever you hear members of congress talk about any kind of fiscal cliff deal you have to approach it with a sort of believe everything and believe nothing attitude. i think that everybody wants to avoid having taxes go up for all americans as of january 1st but everybody has a price for that. and it, to me, it's about whether or not both sides are looking for a win-win deal, meaning, my opponent wins and i win. or whether both sides or one of the sides are looking for a deal where only i win and you lose and on top of all of that then we have to look at what do they want to include in any sort of deal? are we going to address entitlement reform? are we going to cut spending? are we only trying to deal with the tax cut issue? will we try to address the debt ceiling issue? so there are a lot of moving parts here. jon: it seems the campaign promise of the president to raise taxes on couples making over $250,000 a year, it seems like that almost has to come true in some form for the president and the democrats to swallow a deal? >> i think so. i think the president has been committed
CNN
Dec 5, 2012 10:00pm PST
like spoiled children in the fiscal cliff discussions. only 28% said they would behave like responsible adults. tonight, signs that maybe some adult behavior might be prevail. and a compromise might be reached. joining me now, dana bash, jessica yellin, and david gergen. what's the latest? >> reporter: they are a long way from a deal. but late today speaker boehner and president obama did speak to one another on the phone. now, this is an important development because it's the first time they've talked in a week about the fiscal cliff. i am told, though, that there was no real progress in negotiations. in this sense there was no breakthrough on that central point of tax rates. as you know, president obama insists there is no deal unless the gop agrees to raise rates on the top 2% of earners. the gop says that's a nonstarter. and the two men have not moved from that basic position. now, all of this comes at the same time treasury secretary geithner also said for the first time the administration would be willing to go over the fiscal cliff if the gop does not agree to raise those rates.
CNBC
Nov 30, 2012 6:00am EST
the politics and get businesses back on track. >> safeguarding the portfolio ahead of the fiscal cliff. the smartest minds in the game will tell you how. >> making hot profit. >> another american made story you don't want to miss. the second hour of "squawk box" begins right now. ♪ >> welcome to "squawk box." i'm becky quick along with joe kernan. andrew is out on vacation today. the futures are indicated high they are morning. this is coming despite the idea of -- the two sides of the fiscal cliff not any closer on getting any sort after deal done again, we are looking at some green arrows on this friday morning. let's get to some of the headlines that are out there as we. president obama takes to the road today to pitch his already rejected deal to solve the fiscal cliff. he will be traveling to pennsylvania to push his pitch for tax increases on the wealthy. republicans say the campaign-style tactics are getting in the way of productive talks. more companies are announcing special dividends in anticipation of higher tax rates after the new year. whole foods announced a $2 a share
CNN
Dec 6, 2012 1:00am PST
prepared to go over the fiscal cliff? >> oh, absolutely. there's no prospect to an agreement that doesn't involve those rates going up on the top 2% of the wealthiest. remember, it's only 2%. all those americans, too, get a tax cut on the first $250,000 of their income. so, in some sense it's a tax cut for all americans. >> reporter: bottom line, anderson, we're talking today but we're still at stalemate. >> yeah, i mean, it's a sign, jessica and dana, of just how lack -- how little progress there's been that a phone call is big news between these two. dana, we're also hearing hints of some move between republicans, coburn, olympia snowe, susan collins. what are you hearing? how significant is it? >> reporter: it's significant for a couple reasons. one is, you're right. three republicans in different ways suggested they would be okay with what most republicans are saying, that they're not okay with, which is raising tax rates for the wealthiest. tom coburn is the most significant because he's the most conservative in general, not just fiscally, the fact he broke with his party. the othe
CNN
Dec 5, 2012 4:00pm EST
% of americans would blame republicans in congress, not the president, if we went over the fiscal cliff. republicans have a problem there as terms of messaging. >> nay understand the situation, again, they said we're prepared to get more revenue from the rich, they made a tremendous move. they got no response from the white house, and essentially today, a courtesy call. they understand that the american people have asked for this, but they also know the american people have asked for some leadership. they asked for compromise, there is more to be done as well. >> they love a deadline, they're willing to give up their christmas vacation. as you know, the stakes for so many americans are enormous. right now, they have to get this done one way or the other. >> it will be right up to the end. >> as it usually is. >> we'll have new year's eve here in the situation room? >> i'll bring the champagne. >>> eye opening new poll numbers coming in about hillary clinton's presidential chances in 2016 if she decides to run. ♪ [ male announcer ] how could a luminous protein in jellyfish, impact life
FOX News
Dec 3, 2012 6:00am PST
, not a serious offer. one second. tim geithner from sunday. >> to go over this fiscal cliff because republicans won't raise tax rates on the wealthiest 2% of american would subject the average american to big tax increase and enormous damage from the other cuts that would happen. there is no reason why the country has to go through that. bill: the focus is all on taxes and tax rates and not on spending. how can you be serious when you want to raise $1.6 trillion in taxes at a time when growth is around 2? >> that's the point i was making. they complain about want to go cut spending but they made no offer to cut spending. when the president talked about cutting spending, when they talk about defense spending what happens? they attack him. for the entire campaign all we heard about was how obama wanted to cut medicare. so which is it? i it he cut too much or he doesn't cut anything? and where is there offer? if they say they are the party of cutting spending stop talking about the democrats, make an offer. >> mitch mcconnell is out there every single day saying these are the entitlement changes t
CNN
Dec 3, 2012 4:00am PST
because of the impasse and also the fact that the consequences of the fiscal cliff, these spending cuts and these tax -- pardon me the spending cuts and the tax increases that kick in here at the end of the year, the consequences are very dire and following the election the white house and democrats think that they can really push republicans into a corner here. >> brianna keilar for us. thank you. just ahead we're going to be talking with connecticut senator richard blumenthal will join us to talk a little bit about the democrats' responsibility about this impending fiscal cliff. another story we're following, friends and family of kansas city chiefs jovan belcher looking for answers this morning after he killed his girlfriend and then took his own life. his team took to the field just a day after the tragedy. it was i guess kind of a somber victory. they beat the carolina panthers 27-21. just their second game of the season. saturday morning belcher shot his 22-year-old girlfriend kasandra perkins and then turned the gun on himself outside the practice facility. he and perkins leave b
FOX News
Dec 2, 2012 11:00am PST
should come sooner rather than later because just the threat of the fiscal cliff is already hurting our economy. now listen, i believe that raising tax rates hurts our economy, hurts the prospects for more jobs in our country. and i realize the president may disagree, but the fact is if there's another way to get revenue from upper income americans that doesn't hurt our economy, then why wouldn't we consider it? >> what if we go over the cliff. doesn't the president hold all the cards then? can't he say, all right, everybody taxes have increased. i'm offering 98% a tax cut of $2,000 a year. you are the party of lower taxes. are you going to refuse to cut people's tacks? >> nobody wants to go over the cliff. that's why the day after the election i tried to speed this process up by making the concession to put revenues on the table. it's unfortunate that the white house has spent three weeks doing basically nothing. >> so you have been around this town a long time, you have been in a lot of negotiations, what is there game? what is their thinking as to how they are going to work their wil
CNN
Nov 29, 2012 4:00pm PST
blamed no matter what they do. that's political environment. they might as well embrace the fiscal cliff. >> you heard peter difazio saying earlier in the program, democrat, go off the cliff, there is no cliff. no problem. >> folks on both sides. look, there's not a clip there and they're going to play chicken and go off. >> and then you're road kill at the bottom. >> that's exactly right. most folks are saying since the economy's improving, congress, don't screw it up and you get some folks on the far left and far right, there's no cliff, don't worry about this. we're after the election, this isn't an id lodgical debating society. this is about getting something done. let's work on a short-term deal. >> the deal that's there, we're in this situation because congress came up with what they're calling the fiscal cliff now and they're calling it the fiscal cliff because they don't want to e embrace either the tax increases or spending cuts and i think it's foolish to think this congress can come up with a better deal. >> you know what's interesting, to eric's point, there is a great irony
CNN
Dec 2, 2012 6:00am PST
on the fiscal cliff, treasury secretary tim geithner. >> let me ask you, the reaction to your going up on the hill and saying this is basically the white house position has been -- mitch mcconnell saying i think it was just demeaning for them to ask the treasury secretary to come up here and give a proposal like this and by this we have people saying it's a sham, it's -- you know, ridiculous, it's a nonstarter. when you went up there, you didn't think republicans were going to go good idea. >> you know, what we're trying to do is get these guys to come together and reach an agreement that's going to be good for the country and good for the question xhe. >> by these guys you mean you all and the republicans. >> and democrats together. >> and the white house. >> that's what we're trying to do. what we did was put forward a very comprehensive, very carefully designed mix of savings and tax reforms to help us put us back on the path to stabilizing our debt and fixing our debt and living within our means. we've been very detailed about how to do that, both on the spending side and revenue s
FOX News
Dec 2, 2012 8:00am PST
and what we need down the line. man this is tough. >> it is. please don't make me say "fiscal cliff" again. the two words. all i talk about. >> eric: we had predictions that they will come to a deal. it's political jockeying now. >> that is what we are hoping for. >> eric: that is what all americans want. >> jamie: three words. fasten your seat belt. new report that the aging infrastructure may have played a role in freight train derailment in new jersey. truly tragic. seven cars jumping the tracks while the train was crossing a bridge. the problem is it was carrying hazardous chemicals in the air. live in the new york news room. i know there were evacuations. did the folks get go back home? >> the national transportation safety board saying the conductor with con-raid since 2008. worked the accident route previously but this was his first week back on it. the ntsb pointed to a faulty traffic signal for causing friday bridge collapse. train derailment and the toxic chemical release that caused the health problem for residents in pollsborough, new jersey. >> they are going to work the point
FOX Business
Nov 29, 2012 1:00pm EST
. that actually snapped a three-day losing streak. ashley: the looming fiscal cliff hits in just about a month. we follow every second of that as painful as it is. many unemployed americans will lose their unemployment benefits. sounds awful if you're one of those folks, but to generous benefits prolonged joblessness. and what effect will this have on the economy as a whole? gerri willis is here to sort it all out. >> look, you're absolutely right. a lot of people falling off the unemployment world. the numbers are pretty astounding, millions of people, 40% will lose their benefits with 5 million people getting unemployment right now. the length of time to get benefits has decreased, but the cbo said if you fully extend the benefits yet again, 300,000 jobs created. maybe this is the secret job creation we have been waiting for from the administration. tracy: helps the economy because you go out and spend it. >> a lot of people say we have to get people motivated to find their job, growing company, come up with a new idea, kept hustling and a lot of people are nervous about what has become an entre
MSNBC
Dec 6, 2012 11:00am PST
the fiscal cliff? >> absolutely. there's no prospect to an agreement that doesn't involve the rates going up on the top 2% of the wealthy. >> orrin hatch called that one of the most stunning and irresponsible statements he's heard in some time. what does your gut tell you? do you support the obama administration's decision to go over the cliff? that does it for this edition of "news nation." thanks for hanging with us. i'm tamron hall. we'll see you tomorrow. "the cycle" is up next. o think medicare and... social security are just numbers in a budget. well, we worked hard for those benefits. we earned them. and if washington tries to cram decisions about the future... of these programs into a last minute budget deal... we'll all pay the price. aarp is fighting to protect seniors with responsible... solutions that strengthen medicare and... social security for generations to come. we can do better than a last minute deal... that would hurt all of us. and with my bankamericard cash rewards credit card, i love 'em even more. i earn 1% cash back everywhere, every time. 2% on groceries. 3% on gas
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